FGV Audited Financial Statements 2022

AUDITED FINANCIAL STATEMENTS 2022 83 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 18 SEGMENT REPORTING (CONTINUED) The revenue from external parties reported to the GMC is measured in a manner consistent with that in the statement of comprehensive income. Revenues from external customers are derived from sales of goods and provisions of services as disclosed in Note 6. The analysis of external revenue by end customer geographical location is as follows: 2022 RM’000 2021 RM’000 Malaysia 17,444,643 13,265,855 Overseas: - India 2,051,217 1,297,389 - China 796,097 587,449 - Pakistan 1,329,267 992,160 - Asia (excluding Malaysia, China, Pakistan and Indonesia) 1,593,199 1,025,474 - United States and Canada 1,488,170 1,106,856 - Europe 155,174 677,100 - Africa 609,323 458,090 - New Zealand - 22,729 - Indonesia 24,314 21,886 - Others 70,139 110,903 25,561,543 19,565,891 Segment assets and segment liabilities are not disclosed as these are not reported to the CODM. The analysis of non-current assets (excluding financial assets and deferred tax assets) by geographical location is as follows: 2022 RM’000 2021 RM’000 Malaysia 11,100,337 10,961,890 Overseas: - United States and Canada 244,853 241,592 - Indonesia 154,463 185,982 - Pakistan 21,539 28,752 - Others 3,871 4,189 11,525,063 11,422,405 In the current financial year, one (2021: one) major customer in the Plantation Sector contributed RM1,163,493,000 (5%) (2021: RM852,109,000 (4%)) to the Group’s total revenues.

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